Blockchain News - Page 118

Pepe October (PEPEOCTO) Will Explode 19,000% Before Exchange Listing, While Shiba Inu and Dogecoin Lag

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Pepe October could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Pepe October (PEPEOCTO), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.

This is because PEPEOCTO is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Pepe October can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Pepe October could become the next viral memecoin.

Pepe October launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Pepe October on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe October by entering its contract address – 3TQoPEwAXAQZ7RPs1h3TwZ7QwWDz2UDda5yvYPVrQakJ – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEOCTO.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Degen Trump (DEGTRUMP) Solana Memecoin to Surge 19,000% Ahead of Exchange Listing, As Shiba Inu and DOGE Lag

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Degen Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Degen Trump (DEGTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.

This is because DEGTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Degen Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Degen Trump could become the next viral memecoin.

Degen Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Degen Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Degen Trump by entering its contract address – HFPtQ8Uu23US2ziuyQanSYjnnB3uWcykMPhjC2fsHQjL – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like DEGTRUMP.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Bitcoin to Re-Test All-Time High With Delayed Timeline

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Bitcoin’s (BTC) chart structure continues to struggle to break into bullish territory, suggesting that a retest of its all-time high of $73,679 may take longer than many optimists hope, according to crypto analysts.

“Structure mid-term is bearish, moving to neutral and trying to get bullish. ATH will take time,” popular Bitcoin analyst Willy Woo expressed in an Oct. 2 post on X.

He noted that Bitcoin’s short-term structure indicates that the next one to three weeks might serve as a cooling-off period before “the next bullish attempt.”

“I don’t think we get Uptober, sideways Oct, and Nov-Dec for laser eye parties,” Woo stated, adding, “Long-term is bullish.”

At the time of publication, TradingView data shows Bitcoin’s price at $61,243, down 3.98% since Oct. 1.

The asset has experienced a decline of 4.72% over the past seven days.

This drop followed a significant missile strike by Iran, which reportedly targeted sites across Israel late on Oct. 1.

Israel’s air defenses intercepted most of the 180 incoming missiles, according to local reports.

Meanwhile, the Crypto Fear & Greed Index fell 8 points into “Fear” territory, scoring 42, after having been in “Greed” territory just a week prior.

Crypto trader Rekt Capital highlighted that while Bitcoin has dipped into the “low $60,000s” several times in 2024, “people become equally fearful on a pullback and for a different reason every time.”

Bitcoin’s nearly 4% pullback triggered the liquidation of approximately $128.49 million in long positions, according to the latest data.

This follows a remarkable 25% surge over 21 days, during which Bitcoin reached $66,331 on Sept. 27 before consolidating and retracing toward $60,000 in the subsequent four days.

Veteran trader Peter Brandt commented that the recent Bitcoin rally “did not disturb the 7-month sequence of lower highs and lower lows.”

“Only a close above $71,000 confirmed by a new ATH will indicate that the trend from the Nov 2022 low remains in force,” Brandt argues.

Elon the Manipulator Solana Memecoin Will Explode 14,000% Before Exchange Listing, As Shiba Inu and DOGE Lag

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Elon the Manipulator could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Elon the Manipulator (ELONMAN), a new Solana memecoin that was launched today, is set to explode over 14,000% in price in the coming days.

This is because ELONMAN is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Elon the Manipulator can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Elon the Manipulator could become the next viral memecoin.

Elon the Manipulator launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Elon the Manipulator on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon the Manipulator by entering its contract address – EoyaH5mu714njSykwEriSN5MLX6qUaiXfkRerob9Cv2a – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONMAN.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Kraken to End Support for Monero in European Economic Area

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Crypto exchange Kraken will cease its support for the privacy token Monero in the European Economic Area (EEA).

Kraken announced that it will stop trading and deposits for all Monero (XMR) markets in the EEA effective from Oct. 31, 2024. This decision includes trading pairs with U.S. dollars, euros, Bitcoin (BTC), and Tether’s USDt (USDT).

The exchange cited regulatory and compliance obligations as the reason for discontinuing support for XMR. In a statement, Kraken said:

“After thorough consideration, and exploration of all viable alternatives, we concluded we have no choice but to delist Monero (XMR) in the European Economic Area (EEA) due to regulatory changes.”

While Kraken will halt trading and deposits for XMR, users have until Dec. 31 to withdraw their tokens. If users do not withdraw their XMR tokens by the deadline, Kraken will convert them into BTC. The converted tokens will be distributed on Jan. 6, 2025.

New regulations now prohibit the use of privacy tokens. This decision follows regulatory developments in the European Union that restrict crypto asset service providers (CASPs) from using privacy-focused tokens like Monero or offering accounts for anonymous users.

Earlier this year, Kraken ended XMR trading in Ireland and Belgium. On April 11, the exchange warned users to close their positions on XMR or risk having them automatically closed. In 2021, Kraken also discontinued support for Monero for customers based in the United Kingdom.

Other jurisdictions have implemented crackdowns on privacy-focused tokens. Japan banned anonymity-enhanced tokens in 2018, while South Korea followed suit in 2020. Australian exchanges also began delisting privacy tokens due to new regulations.

Dubai prohibited all activities related to privacy coins and the issuance of anonymity-enhanced tokens on Feb. 7, 2023.

A day after Kraken’s announcement, XMR’s price declined by 8%, dropping from $154 on Oct. 1 to $141 on Oct. 2, according to Cointelegraph Markets Pro data.

While the delisting may have impacted Monero’s price, the broader crypto market also faced challenges, with the overall market cap declining by 6.3% in the past 24 hours.

Pepe October (PEPEOCTO) Will Explode 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

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Pepe October could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Pepe October (PEPEOCTO), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.

This is because PEPEOCTO is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Pepe October can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Pepe October could become the next viral memecoin.

Pepe October launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Pepe October on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe October by entering its contract address – 3TQoPEwAXAQZ7RPs1h3TwZ7QwWDz2UDda5yvYPVrQakJ – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEOCTO.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

LiteFinance Becomes the Official Trading Partner of Leicester City Football

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LiteFinance has entered into a multi-year partnership with Premier League football club Leicester City as their Official Trading Partner.

We are excited to announce that LiteFinance has entered into a multi-year partnership with Premier League football club Leicester City as their Official Trading Partner. This collaboration marks a significant milestone for LiteFinance as we expand our presence into the world of sports, aligning our brand with one of England’s most admired football clubs.

«Leicester City Football Club is pleased to confirm LiteFinance as its new Official Trading Partner.»

Established in 2005, LiteFinance has grown into a leading online broker, offering high-speed trading services in 29 international languages.

LiteFinance platform is designed to empower clients with financial freedom, providing access to a comprehensive range of trading instruments in the currency, commodity, stock, and agricultural markets. Through this partnership, we aim to bring our innovative, accessible trading solutions to a broader audience, enhancing the experience for both our clients and Leicester City’s global fanbase. 

Shared Values and Vision 

Both LiteFinance and Leicester City share a commitment to excellence, innovation, and a global outlook. The Foxes have a significant following, particularly in Southeast Asia, where they enjoy one of the largest social media reach outside of the Premier League’s traditional top six clubs. This partnership will allow LiteFinance to engage with new audiences and create memorable experiences for football fans and our clients alike. 

Visibility and Engagement 

As part of this partnership, LiteFinance will benefit from extensive brand visibility, including pitch-facing LED advertising, logo placements on interview backdrops, and a selection of digital advertising. 

Additionally, our clients will have exclusive access to branded promotional materials, such as custom merchandise, and will be able to participate in special contests and promotions designed to bring excitement and memorable experiences to football fans. These initiatives are tailored to enhance engagement and connect with Leicester City supporters meaningfully. 

Statements from Leadership 

Kristina Leonova, CEO of LiteFinance, commented: 
«We are thrilled to embark on this exciting journey with Leicester City. This partnership reflects our mutual commitment to excellence and innovation. It will allow us to connect with new audiences and create impactful experiences while delivering on our promises and setting new standards of success.» 

LiteFinance is proud to partner with Leicester City Football Club and looks forward to a fruitful relationship that will bring value to both organizations and the communities we serve. We are confident that this collaboration will set the stage for innovative initiatives and successful outcomes in the future. 

Leicester City Commercial Director, Dan Barnett, added: 
«This collaboration marks an exciting chapter for us as we continue to expand our global reach with new partners. We look forward to working closely with LiteFinance to further elevate the Club’s presence on the international stage in unique ways.» 

Relational Blockchain Chromia Backs Elfa AI To Advance AI-Powered Crypto Market Insights 

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  • Chromia invests in Elfa AI to advance AI-driven crypto market insights.
  • The move marks its first investment via its Data and AI Ecosystem Fund, launched in September.
  • New features are set to be launched on Elfa AI following the strategic capital raise. 

Leading relational blockchain Chromia announced a strategic investment in Elfa AI, an  AI-powered social platform designed to help users navigate the crypto market through real-time, data-driven insights. The investment aims to revolutionize how crypto traders and investors analyze the crypto market trends, adding a component of AI to improve their analysis, especially on social media. 

The strategic investment marks the first backing via the recently launched Chromia’s Data and AI Ecosystem Fund, unveiled during the Token2049 conference in Singapore. 

Partnership Set To Advance AI-Powered Crypto Market Insights

Adding to the investment, the two companies will also partner to advance the crypto trading and investing scene. Currently in its whitelisting stage, Elfa AI applies artificial intelligence to large volumes of data from platforms such as X and Telegram, streamlining the process of identifying actionable trends in the fast-moving world of cryptocurrency. The company leverages AI and machine learning to filter and analyze vast amounts of information, allowing users to find and focus on the most relevant market signals and trading opportunities. 

In short, Elfa AI’s platform aims to simplify how users engage with cryptocurrency data, offering a streamlined and efficient approach to staying informed in a rapidly changing market. Speaking on its first investment via its newly launched fund, Yeou Jie, Head of Business Development at Chromia, stated: 

“Elfa AI stands out because of its ability to harness AI to deliver real-time, actionable information in the fast-paced world of crypto. We believe their platform has the potential to change how users engage with crypto markets, and we see a natural alignment between their data-driven approach and Chromia’s blockchain infrastructure.”

Chromia Launches $20 Million Data and AI Ecosystem Fund

During the Token2049 conference this September, Chromia announced a new $20 million Data and AI Ecosystem Fund to help advance building and developing AI and data solutions across the blockchain space. The fund is aimed at supporting projects that utilize data in innovative ways within the blockchain space.

The launch of this initiative aims to pick out standout projects building on Chromia or other blockchains, form strategic partnerships with these data-intensive projects and invest long-term in them. The fund is agnostic in terms of industry focus, extending its reach to established Web3 sectors such as DeFi, NFTs, and gaming. The primary goal is to attract a diverse set of partners who will build native DApps on Chromia or integrate its technology into their existing products.

Similar to Elfa AI’s investment, Chromia’s fund is part of the company’s broader strategy to support projects that enhance the capabilities of decentralized applications by improving data management and accessibility.

Looking Forward

Chromia’s strategic collaboration with Elfa AI is expected to benefit millions of users globally in their crypto trades and investment analyses. More to it, the partnership aligns with the goals of both firms as Chromia’s relational blockchain architecture, which supports efficient management of large datasets, aligns with Elfa’s data-centric approach.

Through the partnership, the two platforms will explore and advance ways to enhance data accessibility and transparency by leveraging Chromia’s infrastructure to allow public verification of data used within the Elfa ecosystem. Additionally, Elfa will explore integration with Chromia’s developer-friendly tools, facilitating more efficient retrieval and analysis of on-chain data for both users and developers.

In the future, the strategic partnership is expected to expand the growth opportunities, in adoption and crypto market solutions, providing Elfa AI users with the potential to create their own tools and solutions using open-source datasets stored on Chromia blockchains. Over time, as more developers and users interact with these tools, both platforms aim to advance the application of AI technology to produce actionable market insights.

Degen Trump (DEGTRUMP) Solana Memecoin Will Surge 19,000% Ahead of Exchange Listing, As Shiba Inu and DOGE Lag

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Degen Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Degen Trump (DEGTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.

This is because DEGTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Degen Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Degen Trump could become the next viral memecoin.

Degen Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Degen Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet and swap Solana for Degen Trump by entering its contract address – HFPtQ8Uu23US2ziuyQanSYjnnB3uWcykMPhjC2fsHQjL – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like DEGTRUMP.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Bitcoin Could Test $54,000 Amid Middle East Tensions

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Bitcoin (BTC) faces the potential for a drop to $54,000 or lower as new geopolitical tensions impact BTC price strength.

Bitcoin traders are now setting sub-$60,000 price targets after BTC/USD experienced a more than 5% decline within 24 hours.

Market anxiety surrounding events in the Middle East has significantly affected the crypto market. Recent data from Cointelegraph Markets Pro and TradingView reveals that the total crypto market cap has fallen by 7.2% over the past two days.

Bitcoin reacted to the turmoil in typical fashion, approaching the $60,000 support level before reversing.

However, some traders believe that the worst is yet to come.

“Volume going up with price going down usually signifies a strong downtrend,” popular trader Roman warned in his latest analysis on X.

“More confluence for my idea that we will revisit the 55-57k area before a potential reversal. Regardless, I will be looking for long setups along the way.”

Such price levels have not been seen on BTC/USD in two weeks, but even lower targets are now under consideration.

Trader and analyst Toni Ghinea expressed concerns that Bitcoin may not only breach $60,000 but could also hit $54,000.

“I said $BTC will make the BULL TRAP above 58k,” he noted, predicting a “bearish” October ahead.

As previously reported by Cointelegraph, expectations had leaned toward significant gains this month, as October usually sees an average BTC price increase of 23%.

Others have warned that any further geopolitical unrest could intensify pressures on risk assets.

In their latest bulletin, trading firm QCP Capital pointed out that crypto had been “hit much harder” than oil and equities.

“We seem to have found some support at the 60k level, but further escalation could push us much lower, possibly to the 55k level,” they forecasted.

“Middle East geopolitics will steal the limelight for now, but the shallow sell-off suggests that the market remains well bid for risk assets. This minor setback shouldn’t distract from the bigger picture.”

Crypto trader, analyst, and entrepreneur Michaël van de Poppe also remains optimistic about the longer-term outlook.

In his recent X updates, he noted that the BTC price drop has reduced order book liquidity.

“I think we’re fairly close to the low, maybe have another sweep of the low at $60K and reverse from here,” he concluded.

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